Assume that a company has several male workers who do not give their full cooperation to female supervisors making them less effective as supervisors. Economists would refer to this type of situation as ____
a. statistical discrimination
b. discrimination by fellow workers
c. discrimination by employers
d. non-discrimination
b
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Variable-rate mortgages decrease the risks associated with unexpected inflation
a. True b. False Indicate whether the statement is true or false
Which of the following enhances the ability of waste companies to collude?
A. High interest rates B. Differentiated nature of products C. Large number of firms D. Decals on waste receptacles
Carolina holds $2,000 in her savings account in case of a medical emergency. This represents a
A. Precautionary demand for money. B. Transaction demand for money. C. Medical savings account. D. Income demand for money.
The perfectly competitive seller's short-run supply curve is
A) its entire marginal cost curve. B) its marginal revenue curve. C) the part of its marginal cost curve above the average variable cost curve. D) the part of its marginal cost curve above the average total cost curve.